87 result(s) for exchange rate in Business
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Xpat Event Report: Hungary Welcomes Foreign Investors & Producers
- 2 Apr 2013 9:02 AM
- business
The Hungarian banking sector is safe, Foreign Minister János Martonyi said in connection with the Cyprus crisis, speaking at a business forum of the American Chamber of Commerce on Thursday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungarian GDP Data In Line With Prior Estimates
- 11 Jun 2012 9:00 AM
- business
The Hungarian Central Statistical Office (KSH) has published earlier today GDP data in line with preliminary figures in its detailed release. In Q1 2012 the Hungarian economy – due primarily to negative external market developments – contracted by 0.7 percent.
Hungarian Banks Offer Highest Interest Rate On Deposits In Europe
- 7 Jun 2012 9:04 AM
- business
Money kept in bank deposits yields 500 basis points in real interest, which is striking even in Europe, wrote financial website Bankmonitor. This is higher than the real yields on investments on the New York Stock Exchange on average for the last 85 years, the site observed.
Hungarian Forint Flexes Muscles On Gov’t Pledge
- 12 Oct 2010 1:00 AM
- business
"The forint strengthened to a five-month high against the euro on Wednesday. The exchange rate fell below the Ft 269 level, before easing back to over Ft 270, the 200-day average. The dollar was quoted at Ft 195 and the Swiss franc at Ft 200 in the course of the day.
Hungarian Currency Near All Times Low Against Swiss Franc
- 25 Aug 2010 2:00 AM
- business
"As a result of general pessimism on the international markets, the Swiss franc strengthened in several waves against the euro today. The negative data published in the US this afternoon, resulted in a record strong Swiss franc against the euro. This is bad news for those taking out Swiss franc denominated loans. One franc cost almost 218 forints.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Xpat Event Report: Hungary Welcomes Foreign Investors & Producers
- 2 Apr 2013 9:02 AM
- business
The Hungarian banking sector is safe, Foreign Minister János Martonyi said in connection with the Cyprus crisis, speaking at a business forum of the American Chamber of Commerce on Thursday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungarian GDP Data In Line With Prior Estimates
- 11 Jun 2012 9:00 AM
- business
The Hungarian Central Statistical Office (KSH) has published earlier today GDP data in line with preliminary figures in its detailed release. In Q1 2012 the Hungarian economy – due primarily to negative external market developments – contracted by 0.7 percent.
Hungarian Banks Offer Highest Interest Rate On Deposits In Europe
- 7 Jun 2012 9:04 AM
- business
Money kept in bank deposits yields 500 basis points in real interest, which is striking even in Europe, wrote financial website Bankmonitor. This is higher than the real yields on investments on the New York Stock Exchange on average for the last 85 years, the site observed.
Hungarian Forint Flexes Muscles On Gov’t Pledge
- 12 Oct 2010 1:00 AM
- business
"The forint strengthened to a five-month high against the euro on Wednesday. The exchange rate fell below the Ft 269 level, before easing back to over Ft 270, the 200-day average. The dollar was quoted at Ft 195 and the Swiss franc at Ft 200 in the course of the day.
Hungarian Currency Near All Times Low Against Swiss Franc
- 25 Aug 2010 2:00 AM
- business
"As a result of general pessimism on the international markets, the Swiss franc strengthened in several waves against the euro today. The negative data published in the US this afternoon, resulted in a record strong Swiss franc against the euro. This is bad news for those taking out Swiss franc denominated loans. One franc cost almost 218 forints.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.